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Topic: Can Bitcoin Reduce to $ 4000? - page 2. (Read 1995 times)

member
Activity: 304
Merit: 10
0x1b2d294ab6ca449e34F946B86540cd342cF49100
May 05, 2018, 06:37:25 PM
No. As I can see in the market bitcoin is $9000 now and willing to grow more. That time there's a lot of hacking and gud news around that's why bitcoin down in 6k but now that all in the market is recover bitcoin is back on track to rock in the market to the moon.
newbie
Activity: 84
Merit: 0
May 05, 2018, 06:26:43 PM
Luckily the Bitcoin price didn't drop as low as 6,500USD and it is a good sign that BTC won't fall down on this label of dip whatever the situation is, but in the future it might happen but of course everyone will try to help the community for it not to happen,
full member
Activity: 406
Merit: 100
May 05, 2018, 05:51:54 PM
It will fall to 1000$ too. However I do not think it will go that deep. If we fall sub 5000 dollars, we will see a 2 year stagnation in crypto currency.
For me  it is possible that bitcoin price will fall or will dump to $4000 but that will just happen when a lot of holders will not keep or will not hold there bitcoin, but i am sure the price of bitcoin will not reduce to $4000 if all the holder will continue to hold and will continue to buy bitcoin.
member
Activity: 331
Merit: 10
StartFi
May 05, 2018, 04:55:58 PM
I don't think so. because if bitcoin actually reduce to that price i would call it the critical zone for btc which means in worst case scenario dump and dump until that price will be 0.
I agreed with you, 4000$ is the lowest limit to Bitcoin because Bitcoin could turn into 0$ price if people lose their interests in it and noone want to earn it, own it or even mine it.
So with us, Bitcoin is totally useless and worthless , that is the worst scenario for Bitcoin and i hope that scenario never happens.
member
Activity: 158
Merit: 10
May 05, 2018, 09:54:30 AM
I don't think so. because if bitcoin actually reduce to that price i would call it the critical zone for btc which means in worst case scenario dump and dump until that price will be 0.
copper member
Activity: 560
Merit: 46
Id Telegram : @dam_six
May 05, 2018, 09:47:17 AM
According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......


I think when Bitcoin drops to $ 4000 a lot of investors who have Fiat will experience a profit.

because with such a price will be easy to be bought by people who have Fiat a lot.

and can manipulate the market, even when fiat investors profit then they can create a new Exchange.
full member
Activity: 1554
Merit: 101
May 03, 2018, 07:21:37 PM
I think it's just an issue that some people or groups spread to make a panic so that people immediately sell their bitcoin, usually people who spread this issue are people who want to buy bitcoin in a fairly large amount with a cheap price. so I think it will not happen , now it's May and it costs $ 9700.
full member
Activity: 378
Merit: 100
ApolloX
May 03, 2018, 07:14:17 PM
I think that currently it's absolutely not likely to happen at all; even during the crazy bear market during last months it didn't fallen lower that 6k.
member
Activity: 171
Merit: 10
May 03, 2018, 07:13:04 PM
I will buy Bitcoin in and hold, the market changes over and over again, then the Bitcoin price will rise again when the market is stable. If you are holding Bitcoin you do not worry. It will rise, it will fall down, then rise, then fall again. This is live
legendary
Activity: 1540
Merit: 1016
May 03, 2018, 06:25:57 PM
It will fall to 1000$ too. However I do not think it will go that deep. If we fall sub 5000 dollars, we will see a 2 year stagnation in crypto currency.
member
Activity: 294
Merit: 10
May 03, 2018, 06:13:04 PM
I think everything is possible. However as we see binance solves the hacked problem quickly and safely. Can show they work very well and professional. The price that BTC fluctuate does not depend on the large hacked trading platform that I think it is due to people's confidence in the crypto market later. I feel that is the main thing here now, and from the look of things, it looks like bitcoin is really going to be taking a lot of time this year trying to get its bearing. The market has been slow and steady for a while now and there has been a lot of stability as well as indecision
The possibility of falling bitcoin to $ 4000 is excluded. If bitcoin will go down less than the price of 5500$, a major campaign mined cryptocurrency will be closed due to losses.
I agree with you completely! If bitcoin falls to a price lower than $ 5000, crypto can lose confidence at all, then investors will leave the market after miners.
sr. member
Activity: 910
Merit: 371
May 03, 2018, 05:01:50 PM
I think it's possible to see the new deeps quite soon

This theory based on market cycles and on a comparison of previous downtrend graph 2014-2015

Probably we will go to 5000 or even 4000 after meeting of resistance level 11700-12500

If it won't happen it will be nice, ok

But we should be prepared for the worst scenario
member
Activity: 173
Merit: 11
May 03, 2018, 07:54:35 AM
I think everything is possible. However as we see binance solves the hacked problem quickly and safely. Can show they work very well and professional. The price that BTC fluctuate does not depend on the large hacked trading platform that I think it is due to people's confidence in the crypto market later. I feel that is the main thing here now, and from the look of things, it looks like bitcoin is really going to be taking a lot of time this year trying to get its bearing. The market has been slow and steady for a while now and there has been a lot of stability as well as indecision
member
Activity: 302
Merit: 10
May 03, 2018, 07:54:28 AM
I don't where bitcoin goes now. Even lm fighting my self that common bitcoin go, go please survive. Only bitcoin makes the world recover easily for poverty. Because bitcoin gives income or it serves as a source of income. I say that there is always a possibility for anything to happen in this market. Just last month Bitcoin has gone down to around 6k dollars only to rise up after a week to 10k dollars, so if you foresee with whatever information you have that Bitcoin could really go down to 4k dollars, then that might just happen
member
Activity: 168
Merit: 11
May 03, 2018, 07:54:23 AM
I think the bitcoin is the digital money and now the usage is increasing so the value may fall but it will not below than 7000 because the demand of bitcoin is high as compared to the bitcoin supple and the china exchange hacking cause a fall in bitcoin but it will not affect bitcoin fully soon the people will again use the bitcoin. Bitcoin price right now might be reducing due to some bad news but I don’t think it will go far down to $4k. I think that’s way too much down for its market, and would create chaos
newbie
Activity: 364
Merit: 0
May 03, 2018, 07:43:35 AM
I think bitcoin have no chance to reduce 4000$.because, bitcoin have good future.so, now time to buy some bitcoin and wait for profit.

Ithink that if the top three whale accounts (not stock exchanges) will start selling bitcoin plus news noise, then we can see the price below 4000
full member
Activity: 434
Merit: 105
May 03, 2018, 07:09:32 AM
I think now there is no possibility to decrease its price to $4000 because with the increase in market cap, the value of bitcoin is upward movement. This first time bitcoin is consolidating from many days $9000 to $9500.
Bitcoin prices is slowly recovering ,I hope this is a good sign to increase its prices in the market. We're waiting for almost five months after a great year of 2017 so I think this is the time to recover its current rate or can surpass to higher prices. Just be patience and adopt the technology of bitcoin to have chances in earning good profits.
member
Activity: 378
Merit: 10
May 03, 2018, 06:32:48 AM
I think now there is no possibility to decrease its price to $4000 because with the increase in market cap, the value of bitcoin is upward movement. This first time bitcoin is consolidating from many days $9000 to $9500.
member
Activity: 294
Merit: 11
May 03, 2018, 06:03:55 AM
Now the market has signs of a growing trend. Many coins are beginning to grow. Therefore, I do not think that we will soon see the price of BTC $ 4000. I think, on the contrary, we will soon see a rise in prices for all coins.
member
Activity: 224
Merit: 10
May 03, 2018, 05:50:29 AM
According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......
I believe that at this time you can completely trust and confidence to invest in the market, can see that bitcoin prices in recent days are increasing rapidly and there is no sign of stopping, market The market has shown signs of a positive recovery, market capitalization has exceeded $ 400 billion and this number is continuing to rise.
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